Wednesday,31 March 2021 08:26:55

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Wednesday,31 March 2021 at 07:31

U.K. and European stocks opened mixed, reflecting sentiment in Asia-Pacific and U.S. markets.

Shares in the Asia-Pacific region traded mixed as official data showed China’s factory activity growing in March.

Oil priced higher a day ahead of a meeting of OPEC and its allies, with investors betting the producers will largely agree to extend their supply curbs into May.

Gold prices were relatively flat as data showing a faster-than-expected growth in China’s factory activity weighed on the metal’s safe-haven appeal.

In corporate news, Russian gold miner Petropavlovsk said it expected total 2021 gold production of 430-470,000 ounces (koz).

Markets

At 08:20

FTSE 100 6,774 +0.04%

FTSE 250 21,597 +0.11%

DAX 14,999 (-0.06%)

At the close

Dow Jones 33,066 (-0.31%)

S&P 500 3,958 (-0.32%)

NASDAQ 13,045 (-0.11%)

Fixed Income

UK 10-YR YIELD 0.829

Exchange Rates

GBP/USD 1.375

GBP/EUR 1.172

Commodities

Gold $1,686 +0.10%

Brent $64.70 +1.16%

Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.